Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) was downgraded by equities research analysts at Scotiabank from an “outperform” rating to a “sector perform” rating in a report issued on Thursday, The Fly reports.

A number of other brokerages have also recently commented on ASR. BidaskClub cut Grupo Aeroportuario del Sureste, S.A. de C.V. from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. Morgan Stanley cut Grupo Aeroportuario del Sureste, S.A. de C.V. from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, May 30th. UBS AG cut Grupo Aeroportuario del Sureste, S.A. de C.V. from a “neutral” rating to a “sell” rating in a research note on Wednesday, May 17th. Zacks Investment Research cut Grupo Aeroportuario del Sureste, S.A. de C.V. from a “buy” rating to a “hold” rating in a research note on Thursday, August 17th. Finally, J P Morgan Chase & Co cut Grupo Aeroportuario del Sureste, S.A. de C.V. from a “neutral” rating to an “underweight” rating in a research note on Friday, May 12th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. Grupo Aeroportuario del Sureste, S.A. de C.V. presently has an average rating of “Hold” and an average price target of $224.00.

Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE ASR) traded up 0.11% during trading on Thursday, hitting $202.51. The stock had a trading volume of 18,666 shares. Grupo Aeroportuario del Sureste, S.A. de C.V. has a 52 week low of $131.72 and a 52 week high of $229.45. The company has a market cap of $60.75 billion, a price-to-earnings ratio of 252.51 and a beta of 0.58. The company has a 50-day moving average of $208.29 and a 200 day moving average of $193.32.

Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR) last announced its quarterly earnings data on Thursday, July 20th. The transportation company reported $2.03 EPS for the quarter, beating the Zacks’ consensus estimate of $1.93 by $0.10. Grupo Aeroportuario del Sureste, S.A. de C.V. had a return on equity of 18.02% and a net margin of 39.61%. The firm had revenue of $158.17 million during the quarter. On average, equities research analysts anticipate that Grupo Aeroportuario del Sureste, S.A. de C.V. will post $8.01 EPS for the current year.

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Institutional investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC acquired a new stake in Grupo Aeroportuario del Sureste, S.A. de C.V. in the first quarter valued at approximately $229,000. Wetherby Asset Management Inc. acquired a new stake in Grupo Aeroportuario del Sureste, S.A. de C.V. in the second quarter valued at approximately $252,000. KCG Holdings Inc. acquired a new stake in Grupo Aeroportuario del Sureste, S.A. de C.V. in the first quarter valued at approximately $272,000. Citadel Advisors LLC acquired a new stake in Grupo Aeroportuario del Sureste, S.A. de C.V. in the first quarter valued at approximately $287,000. Finally, Comerica Bank grew its stake in Grupo Aeroportuario del Sureste, S.A. de C.V. by 1.3% in the first quarter. Comerica Bank now owns 1,588 shares of the transportation company’s stock valued at $298,000 after acquiring an additional 21 shares during the period. 32.90% of the stock is owned by hedge funds and other institutional investors.

About Grupo Aeroportuario del Sureste, S.A. de C.V.

Grupo Aeroportuario del Sureste SAB de CV (ASUR) is a Mexico-based holding company. It and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico, as well as over 10 airports in Colombia. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services.

The Fly

Analyst Recommendations for Grupo Aeroportuario del Sureste, S.A. de C.V. (NYSE:ASR)

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